Property score
37.1
Below average
Overall 37.1 · Smaller than most nearby homes
960 sqft (bottom 14%) · Built in 1914 (12 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
12 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 9%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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37.1 is composed by the two sections below.
Property Score
Community Score
Centennial
How to read: Share of sales in each ~$50k price band for “centennial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110176
$39K
Median household income
$60K
Average household income
38%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
48%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
605 Elgin Avenue — 25 amenities found within 500 m, across 7 categories, including 10 dining (nearest 185 m), 3 education (nearest 219 m), 2 healthcare (nearest 373 m).
Centennial · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 47% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 605 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a 3,263 sqft lot in Centennial presents a straightforward, value-oriented opportunity. Its key characteristic is balance: the lot size, year built (1914), and assessed value are all around average for both Elgin Avenue and the broader Centennial neighbourhood. The living space (960 sqft) is compact, placing it below average for the area, suggesting a home focused on essentials rather than expansiveness. A recently renovated basement and a detached garage are practical assets.
The appeal lies in its positioning as an affordable entry point into a mature, established neighbourhood. It suits a specific type of buyer: first-time homeowners, downsizers, or investors looking for a land-value proposition with a liveable structure. The renovated basement adds immediate functional space or rental potential. A thoughtful perspective is that its "average" metrics within the local context mean less risk of overpaying for location premiums, offering a grounded, no-frills foundation. It’s a property for those who see potential in a solid lot and a classic floor plan, willing to make incremental updates to the main living area over time.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, legal egress, and moisture control should be verified through a viewing and inspection.
2. How does the 1914 build year affect the home?
While the structure is over a century old, its assessed value aligns with neighbourhood averages. This typically indicates functional systems, but a thorough inspection for foundation, wiring, and plumbing is essential to understand any needed updates.
3. Is the lot size a advantage?
At 3,263 sqft, the lot is a typical city size for the area. It provides adequate outdoor space but isn't unusually large. Its value is in being proportional and manageable, not in redevelopment potential.
4. Why is the assessed value significantly lower than the city-wide average?
This reflects the home’s modest size, age, and the generally more affordable character of the Centennial area compared to the Winnipeg-wide average, which includes newer, larger suburban homes.
5. Who would this property not suit?
It likely wouldn’t suit buyers seeking a modern, move-in-ready home with ample above-grade square footage or those prioritizing a neighbourhood with rapidly appreciating values. It’s a practical choice rather than a premium one.
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